NB Power settlement for Point Lepreau project could lead to lower rates: CEO
FREDERICTON — New Brunswick’s Crown-owned utility has reached a settlement with insurers who underwrote an all-risk policy for refurbishment of the Point Lepreau nuclear generating station, which took three years longer than planned and cost a billion dollars more than budgeted. NB Power CEO Gaetan Thomas did not disclose the terms of the settlement Monday, […]
Ontario Liberal budget to include free daycare for preschool children
The commitment is part of $2.2-billion investment in province’s daycare system Ontario’s Liberals plan to make full-day daycare free for children aged 2-and-a-half until they are eligible for kindergarten should they form government after the June election, Premier Kathleen Wynne said on Tuesday. The program would begin in 2020 and come at a cost of […]
You can live longer if you retire early, research shows—here’s why
Retiring early can actually lengthen your life, economists from the University of Amsterdam affirmed in a 2017 study published in the journal of Health and Economics. Male Dutch civil servants over the age of 54 who retired early were an astounding 42 percent less likely to die over the subsequent five years compared to those […]
Five risks to check before you travel this Easter
You’re focused on packing suitcases, checking the car and making sure your pets are cared for, so insurance is probably the last thing on your mind. Apart from checking up on your short-term cover, you need to make sure that your long-term insurance is up to date. Financial adviser at Liberty, Phillip Kassel, says: “It’s […]
12 small lifestyle habits you can adopt to save more money
If you’re constantly wondering where your money is going, consider how much your daily habits are costing you. Do you drop $10 to $15 on fast-casual lunches every day? Are you quick to buy something you don’t actually need? Do you make purchases to keep up with the same level of luxury your friends enjoy? […]
New generation expects better retirement savings
When it comes to money advice, young people still prefer to get help from mum and dad. The Westpac-Massey Fin-Ed Centre has released the latest findings from a 20-year longitudinal survey which tracks a number of New Zealanders through adulthood. It was started back in 2012 when the group was aged between 18 and 22. […]